Health care in retirement is like having a baby. It comes with an obvious cost aspect which is often notoriously difficult to estimate. Far too many Americans assume that Medicare is sufficient to cover their expenses, while others consider it unhelpful. Neither of these is true. A report by the National Bureau of Economic Research.
Health insurance has become a major expense for many families as fewer employers have decided to offer insurance and those that do have offloaded more of the cost to the employee. What was once a benefit of most full time employment that required employees to pay less than $100 per pay period can now cost.